Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Luxury Manhattan Real Estate

1,693 properties priced at $3M and above

What a $3M+ NYC Apartment Purchase Involves

Buying a $3M+ apartment in NYC means a mansion tax of at least 1.50% of the full price, paid by the buyer at closing: $45,000 on a $3,000,000 contract, rising to 2.25% at $5,000,000, 3.25% at $10,000,000 and 3.90% at $25,000,000 and above. The rate applies to the whole price, so it is a cash cost on top of the down payment that a mortgage will not cover.

At this level the choice between a co-op and a condo shapes the whole purchase. A co-op purchase is a transfer of shares, and the board reviews the buyer's full financial package before approving it; a condo is deeded real property and generally needs no board approval. The mansion tax applies to both, since there is no co-op exemption.

Luxury Real Estate in Manhattan

Manhattan's luxury market ($3M+) includes full-service condos, pre-war co-ops in prime locations, penthouses, and townhouses. At this price point, buyers expect private viewings, early word on Coming Soon listings, and discretion throughout the transaction.

With over 25 years in NYC real estate, I search both REBNY RLS and OneKey MLS, including Coming Soon listings when the listing broker files them, and I call listing brokers directly about higher-price inventory. Use the form below to start a private search.

Ask for a private search

Tell me the price range and what you are after in Manhattan. I read every request myself, and nothing you write here is shared with a listing broker without your say.

Milton Coste | Licensed Real Estate Associate Broker | Keller Williams NYC | License #10301213304

You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.

50 W 66TH Street #17B Active

$8,950,000

Condo
3 bd | 4 ba |2,424 sqft

50 W 66TH Street #17B

Lincoln Square

Douglas Elliman Real Estate RLS
405 W 23rd Street #PHB Active

$8,950,000

Co-op
2 bd | 3 ba

405 W 23rd Street #PHB

Chelsea

Sothebys International Realty RLS
221 W 77TH Street #16 Active

$8,950,000

Condo
5 bd | 5 ba |3,300 sqft

221 W 77TH Street #16

Upper West Side

Corcoran Group RLS
50 W 66th Street #17B Active

$8,950,000

Condo
3 bd | 4 ba |2,424 sqft

50 W 66th Street #17B

Lincoln Square

Extell Marketing Group LLC RLS
785 PARK Avenue #17BC Active

$8,950,000

Co-op
2 bd | 3 ba

785 PARK Avenue #17BC

Lenox Hill

Douglas Elliman Real Estate RLS
50 W 66TH Street #17B Active

$8,950,000

Condo
3 bd | 4 ba |2,424 sqft

50 W 66TH Street #17B

Lincoln Square

Corcoran Group RLS
15 SUTTON Place Active

$8,900,000

Single Family Residence
4 bd | 5 ba |4,703 sqft

15 SUTTON Place

Sutton Place

Leslie J Garfield & Co Inc RLS
200 E 95TH Street #28A Active

$8,900,000

Condo
5 bd | 5 ba |3,564 sqft

200 E 95TH Street #28A

Yorkville

Corcoran Group RLS
110 W 81ST Street Active

$8,900,000

Multi Family
12 bd | 11 ba |7,330 sqft

110 W 81ST Street

Upper West Side

Argo Residential RLS
760 MADISON Avenue #6B Active

$8,900,000

Condo
2 bd | 3 ba |2,005 sqft

760 MADISON Avenue #6B

Lenox Hill

Douglas Elliman Real Estate RLS
1289 LEXINGTON Avenue #18A Active

$8,800,000

Condo
5 bd | 6 ba |3,609 sqft

1289 LEXINGTON Avenue #18A

Carnegie Hill

Brown Harris Stevens Residential Sales LLC RLS
685 5TH Avenue #A17 Active

$8,800,000

Condo
2 bd | 3 ba |1,304 sqft

685 5TH Avenue #A17

Midtown East

Douglas Elliman Real Estate RLS
217 W 57th Street #66N Active

$8,800,000

Condo
2 bd | 3 ba |1,435 sqft

217 W 57th Street #66N

Midtown

Extell Marketing Group LLC RLS
15 HUDSON YARDS #78B Active

$8,795,000

Condo
4 bd | 5 ba |2,961 sqft

15 HUDSON YARDS #78B

Hudson Yards

Douglas Elliman Real Estate RLS
1 Wall Street #2612 Active

$8,795,000

Condo
4 bd | 4 ba |3,639 sqft

1 Wall Street #2612

Financial District

One Wall Street Sales LLC RLS
25 E 77TH Street #1204 Active

$8,795,000

Co-op
3 bd | 4 ba |2,122 sqft

25 E 77TH Street #1204

Lenox Hill

Douglas Elliman Real Estate RLS
500 W 18TH Street #WEST_26B Active

$8,790,000

Condo
3 bd | 4 ba

500 W 18TH Street #WEST_26B

Chelsea

Corcoran Sunshine Marketing Group RLS
303 PARK Avenue #2105 Active

$8,775,000

Condo
3 bd | 3 ba |2,001 sqft

303 PARK Avenue #2105

Midtown East

Douglas Elliman Real Estate RLS
170 E END Avenue #6EF Active

$8,750,000

Condo
5 bd | 7 ba |4,400 sqft

170 E END Avenue #6EF

Yorkville

Corcoran Group RLS
1185 PARK Avenue #12G Active

$8,750,000

Co-op
4 bd | 5 ba

1185 PARK Avenue #12G

Carnegie Hill

Brown Harris Stevens Residential Sales LLC RLS
860 5TH Avenue #PH21H Active

$8,750,000

Co-op
4 bd | 5 ba |3,289 sqft

860 5TH Avenue #PH21H

Lenox Hill

Douglas Elliman Real Estate RLS
138 W 82nd Street Active

$8,750,000

Single Family Residence
6 bd | 7 ba |6,500 sqft

138 W 82nd Street

Upper West Side

Sothebys International Realty RLS
53 E 67th Street Active

$8,750,000

Multi Family
8 bd | 9 ba |6,742 sqft

53 E 67th Street

Lenox Hill

Compass RLS
470 Columbus Avenue #3 Active

$8,750,000

Condo
4 bd | 5 ba |3,570 sqft

470 Columbus Avenue #3

Upper West Side

CORE Group Marketing LLC RLS
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Frequently Asked Questions

What is the NYC mansion tax?
NYC imposes a mansion tax on purchases of $1M+ residential properties. The tax starts at 1% and increases progressively up to 3.9% for properties over $25M. This is paid by the buyer at closing.
Can I hear about luxury listings before they are widely advertised?
Sometimes. Some sellers start as Coming Soon on the RLS before full marketing, and REBNY rules set what can be shared and when. As a Licensed Real Estate Associate Broker at Keller Williams NYC, I search both REBNY RLS and OneKey MLS and tell clients about Coming Soon listings as soon as the rules allow.

Explore More

NYC Buyer GuidePrice DropsManhattan Market ReportManhattan LuxuryBrooklyn LuxuryNYC Homes $1M-$2MNYC Homes $2M-$3MAll Market Reports
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.
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